The Exploration about the Most Superior Boundary of Commercial Banks Mandatory Disclosure--Based on the Theory of Cost-benefit Analysis and the Game Angle

摘要：

As the important factor of affecting the degree of commercial banks mandatory disclosure, the qualitative Cost-Benefit analysis of disclosure could help commercial banks know how to disclose information reasoningly. The social net income of mandatory information disclosure of commercial banks could be maximized only when the expected marginal cost and the expected marginal benefit are in an equilibrium state. Through the long-term game between regulatory agencies and commercial banks, we can make the analysis of game theory to explore the optimal boundary of commercial banks information disclosure.

关键词： Mandatory disclosure Cost-benefit analysis Mixed strategy Nash equilibrium

作者: TENG Lei CAO Bangying LI Lin

作者单位: School of Commerce, Chengdu University of Information Technology, Chengdu, China, 610103

会议类型: 国际会议

会议名称: The 3rd (2011) International Conference on Financial Risk and Corporate Finance Management(第三届(2011)金融风险与公司金融国际研讨会FRCFM 2011)

会议地点: 大连

会议语种:英文

页码: 639-644

在线出版日期: 2011-06-30（万方平台首次上网日期，不代表论文的发表时间）